US Import Boom is Delaying Cargo at Nation's Busiest Port
Record cargo imports are causing delays that are rippling from the nation’s busiest U.S. port complex to other parts of the transportation network, port officials and other executives said.Total volume at the Port of Los Angeles hit 980,729 20-foot equivalent units (TEU) in October, up more than 27% versus the year earlier. Loaded imports, which accounted for more than half of shipments, jumped 29% - marking the third consecutive month of robust growth.The typical holiday shipping…
Container Lines Expect US Import Binge to Lose Steam
Surging shipments into the United States are fueling record high freight costs and logjams at seaports, but transportation executives say the rally will lose steam with a second wave of COVID-19 restrictions on the cards.Container shipping companies, which move goods for customers including Amazon.com and Walmart, got stung late last year and early this year when COVID-19 halted trade around the world, and they question whether the U.S. import boom can be sustained."Let's not get carried away," Rolf Habben Jansen, chief executive of Germany's Hapag Lloyd, told reporters.
MARAD Awards $220 Mln in Port Infrastructure Grants
More than $220 million in discretionary grant funding has been awarded to improve U.S. port facilities in 16 states and territories through the Maritime Administration’s (MARAD) Port Infrastructure Development Program, U.S. Department of Transportation Secretary Elaine L. Chao announced Thursday.“This $220 million in federal grants will improve America’s ports with nearly half the projects are located in Opportunity Zones, which were established to revitalize economically distressed communities,” said U.S. Secretary of Transportation Elaine L.
Ships Wait to Unload at Port of Los Angeles as Imports Boom
Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation's busiest seaport said on Wednesday.Workers unloaded 471,795 20-foot equivalent units (TEU) of imports in September, 17% more than the year earlier, marking the second month of robust import gains at the No. 1 gateway for U.S. trade with China.That trend has carried into October, said Gene Seroka…
Port of Los Angeles Imports Soar
Port of Los Angeles container volumes hit an all-time high in August, as importers restocked warehouses and retailers prepared for the upcoming holiday season, but officials warned that uncontrolled spread of COVID-19 remains an economic threat."The future of the economy really depends on the future of the pandemic, and the path of the virus right now continues to be the biggest uncertainty," said Jonathan Gold, vice president of supply chain and customs policy at the National Retail Federation.Total volume at the busiest U.S.
US Imports Surge as Pandemic Worries Have Retailers Stockpiling
The Los Angeles-based maker of Exploding Kittens and Throw Throw Burrito board games ordered 1 million extra units from its factory in China with the hope of preventing coronavirus from ruining its Christmas sales.The move from the company, which sells product through Target, Walmart and Amazon.com, comes as U.S. suppliers and retailers have been rebuilding depleted inventories and battling uncertainty by stockpiling pandemic sellers such as toys, refrigerators, home furnishings and booze.In the last few months…
COVID-19 to Weigh on US Seaport Peak Shipping Season
Imports at major U.S. container seaports could hit their lowest level in four years as the novel coronavirus pandemic pummels a U.S. economy that was already grappling with negative effects of the U.S.-China trade war, experts said.Total container imports could fall 9.4% in 2020, according to the National Retail Federation (NRF) and Hackett Associates' Global Port Tracker report.That reflects pain in the U.S. retail sector, which is smarting from government-mandated store closures…
Port of LA Reports Rising Box Volumes
The U.S.' busiest seaport reported a rise in monthly cargo volumes following the steep drop caused by the coronavirus pandemic and ongoing U.S.-China trade tensions.The Port of Los Angeles said it moved 856,389 twenty-foot equivalent units (TEUs) in July, its busiest month thus far of 2020. It was also the second-best July in the port’s history, trailing July 2019 by 6.1%.“Fewer canceled sailings and 11 additional ‘ad hoc’ or unscheduled ship calls helped drive both imports and exports higher than recent months but still short of last July’s all-time record…
Port of Los Angeles 2020 Cargo Volume Down 15.5%
Cargo volume at the Port of Los Angeles is down 15.5% so far this year as the novel coronavirus upends economies around the globe, Gene Seroka, executive director of the busiest U.S. seaport, said on a webcast on Wednesday.April volume was down 6.5% year-over-year as the financial and human toll of the pandemic come into focus in the United States and around the globe.Consumer demand for non-essential items has fallen off the cliff in the United States - where the pandemic is blamed for more than 71…
Port of LA Cargo Volume Down 30% in May
The coronavirus pandemic and ongoing U.S.-China trade tensions threaten the peak holiday shipping season for the Port of Los Angeles, which just suffered its slowest May in more than a decade, Executive Director Gene Seroka said on Wednesday.The busiest U.S. port and the No. 1 U.S. gateway for ocean trade with China logged its slowest May since the "Great Recession" of 2009.May volume fell 30% from last year after business shutdowns aimed at controlling COVID-19 infections and U.S.
Los Angeles Cargo Volumes Down 30.9%
America's busiest cargo port moved 49,568 20-foot equivalent units (TEU) in March, down 30.9% from last year due to the COVID-19 pandemic, the Port of Los Angeles said on Wednesday. It was the lowest amount of monthly cargo moving through the Port of Los Angeles since February 2009.March imports decreased 25.9% to 220,255 TEUs compared to the previous year. Exports decreased 23.8% to 121,146 TEUs. Empty containers declined 44.5% to 108,168 TEUs. In total, March volumes totaled 449…
March Cargo Imports Tumble at Top US Seaports
March imports dropped 26% at the Port of Los Angeles and 5% at the adjacent Port of Long Beach - the busiest U.S. sea trade gateways - as the novel coronavirus wrecked havoc on commerce around the globe.Imports at major U.S.
Video: New Container Moves World Record Set in Port of LA
The 18,465 containers moved from the ultra-large container vessel (ULVC) MSC Isabella at APM Terminals’ Pier 400 in the Port of Los Angeles last week set a new world record for most boxes moved during a single port call.The Port of Los Angeles, MSC Mediterranean Shipping Company, APM Terminals Los Angeles and International Longshore and Warehouse Union (ILWU) Locals 13, 63 and 94 set the new record total — equal to 34,263 20-foot equivalent units (TEU) — topping the previous world best by 1…
NAVFAC EXWC Prints Masks to Aid Pandemic
Naval Facilities (NAVFAC) Engineering and Expeditionary Warfare Center (EXWC) has responded to the COVID-19 pandemic through the use of the command’s additive manufacturing capabilities.NAVFAC EXWC will soon deliver the first batch of 250 face mask kits to commands needing additional PPE. Other commands will continue to coordinate with NAVFAC EXWC leadership for shipment of needed PPE, and subsequently update the additive manufacturing teams on further developing supplies.The face masks kits are being printed in three sizes: small, medium, and large.
Coronavirus Disrupts Global Container Shipping
China's fast-spreading coronavirus is throwing the global container shipping trade out of sync, with lines re-routing cargoes and reducing calls to Chinese ports, setting the scene for months of delivery delays ahead, industry sources said.The spread of the deadly virus has shut down cities and factories in China and disrupted global air travel.China's decision to extend its Lunar New Year holiday period until Feb. 10 has compounded logistical complications, despite its ports staying open.
LA, Long Beach Ports Strengthen Collaboration
The ports of Los Angeles and Long Beach Sign MOU to enhance competitveness. The newly approved memorandum of understanding (MOU) is an opportunity to explore five areas of additional cooperation that will enhance competitiveness: cargo transfer predictability, digital connectivity, cybersecurity, establishing metrics and workforce development.“Our two ports are the fastest way to move goods between Asia and U.S. markets and manufacturers,” said Port of Long Beach Executive Director Mario Cordero.
US Retailers Face $700 Mln Hit as Virus Disrupts Shipping
U.S. retailers face an estimated $700 million sales hit from the coronavirus and some shipping lines are sending vessels to retrieve empty cargo containers from Los Angeles to prevent further supply disruptions.The extended shutdown of factories in China caused by the virus, travel restrictions on workers and canceled sailings by shipping lines have thrown off the movement of containers, resulting in a surplus at the Port of Los Angeles and a shortage in Germany.U.S. retailers'…
Coronavirus Weighs on LA Cargo Volumes
February container volumes through America's largest cargo port were down significantly as the novel coronavirus continues to wreak havoc on global shipping.The Port of Los Angeles reports it moved 544,037 Twenty-Foot Equivalent Units (TEUs), a decrease of 22.9% compared to last year, and said it expects declines to continue in March.“While cargo volumes are important, the coronavirus is first and foremost a public health crisis that needs to be brought under control with the collaboration of governments and medical experts from around the world…
COVID-19 and Supply Chain Implications for Ocean Shipping
Only 10 days ago, reports indicated that China cargoes were returning to pre-coronavirus levels, and there appeared to be light at the end of the tunnel. Today, however, a barrage of new headlines has underscored the impact on the rapidly changing global supply chain, including in the United States. In addition to the aggressive spread of the novel coronavirus (COVID-19), new economic developments indicate a decreased trend in global manufacturing. Changes in local economies negatively impacting employees reflect corresponding changes in consumer buying patterns.
Teleoperation: Set to Revolutionize Intermodal Operations
As the pressures mount to improve efficiencies, safety and a port’s environmental footprint, the means to make all of that happen are already within reach. And, contrary to what organized labor might think, it’s not about reducing headcounts.Port operations and logistics have significantly changed over the years, yet the core of this line of work remains dangerous, polluting, and repetitive. Autonomous technologies and teleoperation have the ability to change the nature of industrial drudgery…
Port of LA Exec Says US Tariff Tiffs Could Be 'New Normal'
The executive overseeing the busiest U.S. gateway for ocean trade with China on Thursday said the "weaponization of tariffs" to advance U.S. policy interests may now be the "new normal."The comments from Port of Los Angeles Executive Director Gene Seroka came just a day after U.S. President Donald Trump and Chinese Vice Premier Liu signed a Phase 1 agreement to defuse their 18-month-long trade war.The partial pact will cut some U.S. tariffs on Chinese goods in exchange for Chinese pledges to purchase more American farm…
Smart Ports: Piers of Future
For the first time, the ports of Antwerp, Barcelona, Hamburg, Los Angeles, Montreal and Rotterdam come together to showcase their most advanced digital transformation and sustainability projects at their dedicated ‘Smart Ports’ exhibitThe 'Smart Ports. Piers of the Future' event brought together six of the world's largest ports and has turned Barcelona into the world capital of port innovation.At the Smart City Expo World Congress, held from 19 to 21 November at the Fira de Barcelona events center on Gran Via…
Port of LA to Develop Cruise Terminal
The Port of Los Angeles has announced a development opportunity for an Outer Harbor Cruise Terminal at Berths 46 and 50, with plans to release a Request for Proposal (RFP) later this fall.The proposal is intended for cruise lines, terminal operators, and real estate developers interested in creating a new state-of-the-art cruise terminal in a prime location for expansion of west coast cruise travel at America’s busiest port. Located on the south end of an extensive LA Waterfront development, the proposed 13-acre site offers unique panoramic views of the coastline and Catalina Island.
US Ports Get More Than $280 Mln in MARAD Grants
The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) announced that it has awarded more than $280 million in discretionary grant funding through the new Port Infrastructure Development Program. This funding is designed to improve port facilities at or near coastal seaports.The Port Infrastructure Development Program supports efforts by ports and industry stakeholders to improve facility and freight infrastructure to ensure our nation’s freight transportation needs, present and future, are met.
Port of LA Box Volumes Dip
The Port of Los Angeles, the nation's busiest for ocean trade with China, processed fewer containers of imported and exported goods in October as the U.S.-China trade war roils the domestic economy and global supply chains.October imports dropped 19% to 392,768.6 TEU - or 20-foot equivalent unit - versus a year ago. Exports also fell 19%, landing at 140,331.5 TEU.
Retail Imports to See Final Tariff-Driven Surge
Imports at the nation’s major retail container ports are expected to see their final surge of the year this month ahead of new tariffs set to take effect in December, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Retailers are highly competitive, but the ability to compete has been challenging this year because of the uncertainty of the trade war and continued tariff escalation,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.